Bihar Gramin Bank DARIGAON IFSC Code

If you’re looking to send or receive money at the Bihar Gramin Bank branch in DARIGAON, Rohtas, Bihar, understanding its Indian Financial System Code (IFSC) is essential. This unique code is a mandatory requirement for processing all electronic fund transfers, including National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS). It ensures that your funds are directed precisely to the intended bank and branch, preventing errors and speeding up transactions.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	DARIGAON
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	7342
Branch Address	DARIGAON, Rohtas, 821113, 9771464342
Contact Number	9771464342
City	Rohtas
District	Rohtas
Reason	SASARAM
Pincode	821113
State	Bihar

Merger Update

Bihar Gramin Bank was formed from the merger of Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB). It is sponsored by Punjab National Bank. As a result, all branches, including DARIGAON, now use a unified IFSC code structure that begins with ‘PUNB’. This indicates its connection to Punjab National Bank, the sponsoring bank. Any old IFSC codes previously associated with Uttar Bihar Gramin Bank or Dakshin Bihar Gramin Bank are no longer valid for transactions. Always use the current IFSC code, PUNB0MBGB06, for all electronic fund transfers to or from the DARIGAON branch of Bihar Gramin Bank. Using an old or incorrect IFSC code will lead to transaction failure.

What is an IFSC Code?

The IFSC (Indian Financial System Code) is an 11-character alphanumeric code. It’s designed to uniquely identify every bank branch participating in the electronic funds transfer system in India.

Here’s how it’s structured:

• The first four characters are always alphabetic and represent the bank name. For Bihar Gramin Bank’s DARIGAON branch, ‘PUNB’ stands for Punjab National Bank, its sponsoring bank.
• The fifth character is always a zero (0). This character is kept as a placeholder and is reserved for future use.
• The last six characters are usually numeric, but can also be alphanumeric. These six characters uniquely identify the specific branch of the bank. For the DARIGAON branch, this unique identifier is ‘MBGB06’.

This specific combination ensures that every transaction is routed to the correct bank and branch across the country.

How to Use an IFSC Code

When you perform an electronic fund transfer, the IFSC code is a crucial piece of information. Here’s how you’d typically use it for different transaction types:

• NEFT (National Electronic Funds Transfer): This system processes transactions in batches. When you initiate an NEFT transfer, you need to provide the beneficiary’s name, account number, account type, and the correct IFSC code of their bank branch. The funds are usually credited to the recipient’s account within a few hours.
• RTGS (Real Time Gross Settlement): RTGS handles large-value transactions individually and immediately. Similar to NEFT, you must enter the beneficiary’s details, including their IFSC code. Since transactions are processed in real-time, the money is transferred almost instantly.
• IMPS (Immediate Payment Service): IMPS allows for instant fund transfers 24/7, even on holidays. For IMPS, you’ll need the beneficiary’s mobile number and MMID (Mobile Money Identifier) or their account number and IFSC code. This service is ideal for urgent or smaller value transfers.

In all these methods, if the IFSC code is incorrect, your transaction will likely fail or be delayed.

Benefits of Knowing Your IFSC Code

Knowing the correct IFSC code for your bank branch, or for someone you wish to pay, offers several practical benefits:

• Facilitates Electronic Transfers: It is essential for all major electronic fund transfer methods like NEFT, RTGS, and IMPS.
• Ensures Accuracy: The unique code guarantees that money is transferred to the precise bank and branch you intend, reducing the risk of misdirected funds.
• Speeds Up Transactions: Correct IFSC codes allow automated systems to process transactions quickly without manual intervention.
• Prevents Errors: Using the right code helps avoid transaction failures, saving you time and effort in resolving issues.
• Mandatory for Online Banking: Most online and mobile banking platforms require the IFSC for adding beneficiaries and initiating transfers.

Contact Information

Branch Phone Number: 9771464342

Branch Address: DARIGAON, Rohtas, 821113, 9771464342

Head Office Address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll-Free Number: 18001807777

FAQs

Q1: Is the IFSC code the same for all branches of Bihar Gramin Bank?
No, the IFSC code is unique for each individual branch of Bihar Gramin Bank. While the first four characters (‘PUNB’) will be the same across all branches (due to its sponsoring bank, Punjab National Bank), the last six characters will vary to identify each specific branch.

Q2: What happens if I use an incorrect IFSC code during a transfer?
If you use an incorrect IFSC code, the transaction will almost certainly fail. The banking system relies on this code to identify the exact recipient branch. An incorrect code means the system cannot route the money correctly, and the funds will usually be returned to your account.

Q3: Can I find the IFSC code on my passbook or cheque book?
Yes, typically, the IFSC code for your branch is printed on your bank passbook and on the top left corner of your cheque leaves. You can also find it on your bank’s official website or through online IFSC lookup tools.

Q4: Is the MICR code also important for online transfers?
The MICR (Magnetic Ink Character Recognition) code is primarily used for processing physical cheques. While it’s printed on your cheque book, it is generally not required for online electronic fund transfers like NEFT, RTGS, or IMPS. The IFSC code is the key identifier for these digital transactions.

Q5: How quickly are funds transferred using NEFT, RTGS, and IMPS?
IMPS provides instant transfers, 24/7. RTGS transactions are processed in real-time, meaning funds are transferred almost immediately. NEFT operates in batches, so funds are typically credited within a few hours during business hours, or on the next working day if initiated after hours.